---
title: "Stocks to Watch: People Inc., Palantir, Backblaze, Upwork"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304025602.md"
description: "People Inc. shares fell 5% to $35.20 after-hours due to a wider loss linked to MGM Resort's stock decline. Palantir dropped 3% to $173.40 despite soaring commercial sales, as investors worry about high valuation and AI disruption. Backblaze surged 35% to $10 after raising its full-year revenue outlook. Upwork advanced 10% to $10.74 following an upgrade in earnings guidance."
datetime: "2026-11-03T00:00:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304025602.md)
  - [en](https://longbridge.com/en/news/304025602.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304025602.md)
generator: "portal-rs"
---

# Stocks to Watch: People Inc., Palantir, Backblaze, Upwork

By Katherine Hamilton

People Inc. logged a wider loss due to MGM Resort's falling stock price. The stock fell 5% to $35.20 in after-hours trading Monday. 

Palantir recorded soaring commercial sales in the latest quarter, but investors are still concerned about the stock's high valuation and potential AI disruption. Shares ticked down 3% to $173.40 after the bell. 

Backblaze raised its full-year revenue outlook. The stock climbed 35% to $10. 

Upwork lifted its earnings guidance. Shared advanced 10% to $10.74. 

Write to Katherine Hamilton at katherine.hamilton@wsj.com 

(END) Dow Jones Newswires

November 02, 2026 18:47 ET (23:47 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**